Which of the following statements regarding 457 plans is (ar…

Which of the following statements regarding 457 plans is (are) true? An individual who defers $24,500 to their 403(b) plan during 2026 can also defer $24,500 to a 457 plan during 2026 (salary and plan permitting). A 457 plan allows an executive of a tax-exempt entity to defer compensation into an ERISA protected trust. In the final three years before normal retirement age, a participant of a government-sponsored 457 plan may be able to defer $49,000 (2026) for the plan year.

There are certain buying situations when personal selling is…

There are certain buying situations when personal selling is much more effective than other sales approaches. List the five buying scenarios where personal selling is more effective and explain why personal selling is more effective in those instances? (10 marks)